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Ringgit halts 4-day loss with USD on back foot

Ringgit halts 4-day loss with USD on back foot

KUALA LUMPUR (April 17): Ringgit halts four days of losses, consolidating as traders await developments on U.S. trade protectionism and Syria.

* USD/MYR steady at 3.8865

** Support 3.8465, 3.8000, 3.7310; resistance 3.9000, 3.9290, 3.9313

** Bloomberg Dollar Spot Index -0.1%; Brent crude +0.2% to $71.74

* USD/MYR is expected to remain in its one-month trading range of 3.8570-3.9270, says Angus Salim Amran, head of financial markets at RHB Investment Bank in Kuala Lumpur

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